Viking007:
The answer you seek is clearly stated on the terms and conditions before you applied for NYIF. Beneficiaries of the covid-19 loan will not be considered for the NYIF offer. Lots of us got screened out because of this. They already have your BVN. So decide which you want.

Can I stop them from paying the covid 19 loan?

hardeyeanc:
It seems u are right because I have gotten covid 19 loan and also applied for NYIF and since then I have not heard anything, I shouldn't have applied dt nyif for my wife may be they would have approved her covid 19 loan .. anyways we move... Can another person CAC be used or is there any way they will verify the documents, ls don't say am too desperate o, just asking nio, I want a bigger amount not 250k

My covid 19 loan has been approved about a week ago(500, 000) and I accepted the offer. 3 days ago I got a message from NIRSAL that I have been pre qualified for the NYIF loan program. Does it mean that I will no longer get the covid 19 loan. I will prefer the NYIF because I believe I will be able to get more funds approved for my business since the business is registered. Please, if you have a clue about how it may possibly play out enlighten me. Thanks. Shalom..